SPYM Stock Fund Price and Chart — NASDAQ:SPYM — TradingView

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About Tradr 2X Long SPY Monthly ETF

SPYM provides 2x leveraged exposure to the monthly performance of SPY, an ETF composed of US large- and mid-cap stocks selected by the S&P Committee. The strategy involves entering into one or more swap agreements intended to produce leveraged investment results relative to the returns of SPY. Unlike traditional ETFs, SPYM introduces added volatility due to its lack of diversification and use of leverage. Holdings are rebalanced at month-end to maintain the 200% exposure. However, if SPYs price drops by 35% or more within a month, the fund will rebalance early to protect against further losses, although this may prevent it from meeting its target return for that month. To maximize results, the fund places its remaining cash in US government securities, money market funds, short-term bond ETFs, or high-quality corporate debt as collateral.